InsideArbitrage Event Driven Monitor – March 14, 2024
Merger Arbitrage
- FNCB: Peoples Financial Services Corp (PFIS) and FNCB Bancorp (FNCB) announced that their merger is expected to be completed in the third quarter of 2024.
- AEL: Brookfield Reinsurance (BNRE) announced the hearing date of April 5, 2024 for the acquisition of American Equity Investment Life Holding Company (AEL).
- X: According to Bloomberg, President Joe Biden is expected to soon release a statement of concern about Nippon Steel Corp.’s proposed purchase of United States Steel Corp. (X).
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